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L&T Money Market Fund Direct IDCW Monthly+0.03%

4.93%
1 Year Return
Debt
Money Market
2.0star
6M
1Y
3Y
5Y
All

Fund Details

L&T Money Market Fund Direct IDCW Monthly

RiskLow to Moderate
Min SIP Amount₹1000
Expense Ratio0.25%
NAV₹12.08 (12 Apr 2021)
Fund Started01 Jan 2013
Fund Size1,066 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
4.9%
7.0%
7.6%
3.0%
Category Average
5.0%
6.5%
6.7%
-
Rank Within Category
15
8
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 4.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.25%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
Cons
Found nothing so far.

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills9.3%
Reserve Bank of IndiaFinancialT-Bills7.0%
Export-Import Bank Of IndiaFinancialCD7.0%
LIC Housing Finance Ltd.FinancialCP4.7%
Reliance Industries Ltd.EnergyCP4.7%
Sun Pharmaceutical Inds. Ltd.HealthcareCP4.7%
National Bank For Agriculture & Rural DevelopmentFinancialCD4.7%
Reserve Bank of IndiaFinancialT-Bills4.7%
HDFC Securities Ltd.FinancialCP4.7%
Reserve Bank of IndiaFinancialT-Bills4.6%
See All

Fund Managers

Shriram Ramanathan
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Jalpan Shah
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Vikas Garg
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L&T Money Market Fund Direct IDCW Monthly Details

L&T Money Market Fund Direct IDCW Monthly is a Debt Mutual Fund Scheme launched by L&T Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Jalpan Shah, Vikas Garg is the Current Fund Manager of L&T Money Market Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,066 Cr and the Latest NAV as of 12 Apr 2021 is ₹12.08.

The L&T Money Market Fund Direct IDCW Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.

Investment Objective

The scheme seek to generate regular income through investment in a portfolio comprising substantially of money market instruments.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Scheme Information Document(SID)

₹10000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About L&T Mutual Fund

Address
6th Floor, Brindavan, Plot No 177, CST Road, Kalina, Santacruz (E), Mumbai 400098
Phone
022-66554000
Launch Date
03 Jan 1997
L&T Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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